Personal Services - Savings - Statement Savings

Minimum balance to open is $100.00. Accounts for minors are not subject to this requirement. This is an interest-bearing account with interest compounded quarterly. Statements are mailed to accountholders on a quarterly basis.

Limitations on frequency of transfers – During any calendar month or statement cycle of at least four weeks, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction. No more than three of the six transfers may be made by check, draft, debit card (if applicable) or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the financial institution.

Deposit accounts at the Bank of Geneva are insured by the Federal Deposit Insurance Corporation (FDIC). Request a Truth-in-Savings disclosure for further details on this account.